Only Luxembourg, only finance

You are looking for a reliable partner with a clear vision? Upside Recruitment is the new player that focuses on the clearly defined segment of finance positions for the booming market in Luxembourg. Drop us a line to learn more about our services.

Specialised knowledge of the finance sector
Attracting multi-lingual candidates
Favourable commission structures
Digital first - approach
A highly motivated EU-based team

Your specialist in Luxembourg recruitment

Are you tired of recruitment firms that lack a clear mission?

We have a deep understanding of the market


The country’s private banking sector has continued to diversify into high-net-worth and  ultra-high-net-worth client segments, with assets under management having grown by more than 20% over the past 5 years. Assets under management in private equity funds in Luxembourg grew by 50% in 2019.

Luxembourg’s financial services workforce employs some 51,000 people, of which about 50% work in the banking sector (including fund-servicing activities), 31% in the fund industry (the parts not performed by banks), 8% in insurance and around 11% in support services.

Luxembourg has a unique multi-lingual and multi-cultural workforce with allone 50.000 German residents communing daily into the country. Many of them are employed in the financial sector.

We have a deep understanding of the market

The booming destination for the EU's finance sector

Excellent outlook
A growing market share
Favourable taxation
Search for Job offers…


Senior Relationship Manager (w/m/d)
Job ID: 216602
Client Service
English | German

Für unseren Kunden, ein inhabergeführter Kapitalverwalter, haben wir aktuell folgende Stelle zu besetzen:

Senior Relationship Manager (w/m/d)

Ihre Aufgaben:

  • Sie sind der zentrale Ansprechpartner für Kunden und beraten Sie zu allen Fragen des täglichen Fondsgeschäfts zur Seite.
  • Ein Schwerpunkt ist die Beratung zu Auflage und Verwaltung von Investmentfonds (Publikumsfonds und AIFs) nach deutschem und luxemburgischen Recht.
  • Sie koordinieren Kundenanfragen und leiten diese den entsprechenden Fachabteilungen zu. Außerdem arbeiten Sie eng mit externen Dienstleistern zusammen, etwa Brokern.

Wir erwarten von Ihnen:

  • Abgeschlossene Ausbildung im Finanzumfeld oder Studium mit Schwerpunkt Finanzwesen
  • Ein Minimum von drei Jahren Berufserfahrungen in einer vergleichbaren Position in der Fondsbranche
  • Tiefgehende Vertrautheit mit Finanzmarktinstrumenten und Anlageinstrumente
  • Sie sind in der Lage, selbstständig und verantwortungsbewusst zu arbeiten
  • Sehr gute Sprachkenntnisse in Deutsch und Englisch
  • Ausgezeichnete Kenntnisse mit der Software MS-Office, insbesondere mit Excel.

Hat diese Position Ihr Interesse geweckt? Dann freuen wir uns auf Ihre Bewerbung mit den üblichen Unterlagen, bitte geben Sie auch Ihre Gehaltserwartung an. Gerne dürfen Sie unser Bewerbungsformular nutzen.

Data Protection Officer (m/f/d)
Job ID: 6124
Data Protection I GDPR I Risk Management
English | French | German

Data Protection Officer (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Conducting task around data protection related tasks and issues.
  • First point of contact for and report to all external parties and management, plus authorities
  • Reviewing existing procedures to ensure constant adherence with regulations.
  • Following-up on changes in laws and issue recommendations to the management board and employees to ensure consistent compliance.
  • Conducting GDPR trainings for employees
  • Writing and updating detailed guides on data processing policies and procedures.
  • Preparing and conducting data privacy impact assessment, where necessary.
  • Continuous further development of the data protection strategy of the bank.
  • Maintaining, monitoring and updating the data processing register together with the various departments.
  • Ensuring that all queries from data subjects are addressed within the legal timeframes (e.g. responding to requests, deleting information from the databases, etc.).
  • Ongoing review of all regulatory and legislative updates required for the application within the bank and distribution of the information to the parties concerned (incl. supervising the implementation and reporting to the management board).
  • Further tasks with regards to GDPR and/or the review of legal regulations might be assigned.

Your profile:

  • University degree in either business administration, economics or law.
  • Minimum of 3 years of relevant experience within a similar position
  • Additional  experience in a paralegal/legal position is considered an asset.
  • Good understanding of IT and data security and a strong process focus.
  • Excellent communication skills both in English – both verbally and written, German and/or French is a great plus.
  • Profound knowledge of MS Office

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

Junior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)
Job ID: 52142
AIFs I Real Estate I Risk Management
English | French | German

For our new client, an international asset manager with an expanding team in Luxembourg, we are currently looking for a

Junior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Support the valuation function for AIFs from a risk management perspective
  • Optimisation of methods and procedures used for risk identification, assessment and control
  • Analysing risk limits of the company’s new funds
  • Monitoring and assessing fund risks, especially operational, market, liquidity and credit risk
  • Prior analysis and monitoring of (less) liquid assets
  • Risk valuation for alternative investment funds (real estate, infrastructure, equity)
  • Analysis of potential target investments from a risk management perspective, including continuous monitoring and limitation of the underlying risks

Your profile:

  • University background with a degree in finance, economics or equivalent
  • At least 1 year of relevant risk management or valuation experience in the investment funds industry and ideally UCITS (including applicable investment restrictions),
  • First knowledge in AIFs (real estate and infrastructure) and ideally in UCITS
  • Being fluent in English and German or French
  • Good knowledge of MS-Office products
  • Compliance knowledge is a plus

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

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Frequently Asked Questions

What positions to you usually work on?

Only Luxembourg (well, almost only), and only finance sector. We are targeting mid-level positions from (experienced) junior-positions up to management roles with a small team to lead.

What salary range are you covering?

We do not accept mandates with an annual compensation package of less than € 50.000. There is no maximum, but most positions range up to € 100.000 or € 120.000.

Do you work on C-level positions as well?

Most of our clients are rather small in size, so there might be a C-level position to fill here and there. But if you are interested in what is usually understood by C-level position, i.e. with upper six-digits salaries or more: There are other agencies on the market you should consult here.

Do you have an office in Luxembourg?

No, we do not.

Is this legal? Offering recruitment services without an office in Luxembourg?

Yes, absolutely. We are a licensed provider of recruitment services and based in the EU, so there is no restriction on us in any means.

Can we meet in person?

Sure! We have a real office in Sofia, Bulgaria. Furthermore, we may meet in Luxembourg – if the pandemic situation allows it. But maybe a virtual meeting can do the job for now.

Everything Personalized to YOU

We want to go the extra mile for our corporate clients and for the candidates that trust in our services. If you believe in personalized services as we do, you will certainly appreciate our quality  and the commitment we bring in.





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